On June 13th, Gelon announced that the company's board of directors instructed and urged the management company's trustee to purchase the company's shares on the market according to the plan rules of the share plan, in order to better reward those who have made contributions to the success and development of the group, motivate them to stay in the group, motivate them to work hard for the future development and expansion of the group, and attract them to further develop the business of the group by providing opportunities to obtain company equity to technically and experientially skilled individuals.

From January 1, 2024 to the date of this announcement (including the first and last two days), the company has instructed the trustee to purchase approximately 3 million shares on the market, which will be held by the trustee and will be used to achieve rewards under the share plan (in the form of stock options or restricted stock units, depending on the situation). The total cost of share purchases using the company's own idle funds as of the date of this announcement is approximately HKD 14 million. The company plans to further purchase shares on the market, and the total cost of purchasing shares for the year ending on December 31, 2024 will not exceed HKD 150 million. The board of directors will review from time to time and fully decide the number of shares it deems appropriate to be granted to share plan participants and the number of shares to be purchased on the market according to the share plan.

The company plans to purchase additional shares on the market, and the total cost of purchasing shares until the end of the fiscal year on December 31, 2024 will not exceed HKD 150 million. The board of directors will periodically review and fully decide the number of shares it deems appropriate to be granted to share plan participants and the number of shares to be purchased on the market according to the share plan.